Although the Internet protocol suite has been used by academia and the military industrial complex since the early 1980s, rapid adoption of its use was driven by events of the late 1980s and 1990s such as more powerful and affordable computers, the advent of fiber optics, the popularization of HTTP and the Web browser, and a push towards opening the technology to commerce. Internet use grew rapidly in the West from the mid-1990s and from the late 1990s in the developing world. In the 20 years since 1995, Internet use has grown 100-times to reach over one third of the world population, leading to its services and technologies being incorporated into virtually every aspect of contemporary life. The impact of the Internet has been so immense that it has been referred to as the "8th continent".

Definition

"Internet Plus" refers to the application of the internet and other information technology in conventional industries. It is an incomplete equation where various internets (mobile Internet, cloud computing, big data or Internet of Things) can be added to other fields, fostering new industries and business development in China.

Background

Domestic challenges

China’s economy is declining due to the growing debt mountains, declining factory activity and foreign exchange reserves devaluation, which has led the government to figure out a plan to create a new driver to stimulate the development for its country.

Although the Internet protocol suite has been used by academia and the military industrial complex since the early 1980s, rapid adoption of its use was driven by events of the late 1980s and 1990s such as more powerful and affordable computers, the advent of fiber optics, the popularization of HTTP and the Web browser, and a push towards opening the technology to commerce. Internet use grew rapidly in the West from the mid-1990s and from the late 1990s in the developing world. In the 20 years since 1995, Internet use has grown 100-times to reach over one third of the world population, leading to its services and technologies being incorporated into virtually every aspect of contemporary life. The impact of the Internet has been so immense that it has been referred to as the "8th continent".

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